Explain the role of Central Bank as the "Bankers Bank."

Question 1

Question 2

Commercial Banks are required to keep a certain minimum percentage of deposits as cash reserves with the Central Bank. Central Bank uses these reserves to meet emergency requirements of Commercial Banks. It is called Banker'* Bank function of the Central Bank.

kratos · Answer 1 · 2021-01-20T19:19:28+0000

Commercial Banks are required to keep a certain minimum percentage of deposits as cash reserves with the Central Bank. Central Bank uses these reserves to meet emergency requirements of Commercial Banks. It is called Banker'* Bank function of the Central Bank.

Explain the role of Central Bank as the "Bankers Bank."

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

Explain the role of Central Bank as the "Bankers Bank."

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

Related questions